USS Co Ltd ADR

USS Co., Ltd., together with its subsidiaries, operates and manages used vehicle auction sites in Japan. It operates through three segments: Auto Auction, Purchase and Sale of Used Cars, and Recycling. The Auto Auction segment manages auto auctions for used car dealers and motorcycle auctions for used motorcycle dealers, provides auto auction connection services via dedicated terminals and the internet, offers used car information services, arranges land transport for auctioned vehicles, and provides financial services to auction members. The Purchase and Sale of Used Cars segment purchases and sells used automobiles and accident-damaged vehicles. The Recycling segment is involved in the recycling of end-of-life vehicles, scrap metal, and the disposal of equipment and plants. The company also sells electricity generated by solar power systems and offers auto loan services. USS Co., Ltd. serves used car dealers, used motorcycle dealers, and general consumers. The company was formerly known as Aichi Automobile General Services Co., Ltd. and changed its name to USS Co., Ltd. in March 1995. The company was incorporated in 1969 and is headquartered in Tokai, Japan.